Tudou Shares End Lower in U.S. Trading Debut

Chinese online-video site Tudou Holdings Ltd. scored a victory by completing its initial public offering this week, but the stock declined on its first day of trading Wednesday.

Shanghai-based Tudou, which has some similarities with YouTube, is the first Chinese company to list in the U.S. since Taomee Holdings Ltd. went public in June. Investors have been very China-averse this summer, avoiding IPOs from that country due to concerns...